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34038 56th St

Fall City, WA 98024

4 bd 4 ba 2,960 sqft Built 1990 Lot 276,606 sqft single_family
Most recent sale
$1,350,000
Dec 16, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 16, 2021 Sold $1,350,000 MLS #1863406
Nov 13, 2021 Listed $1,430,000 MLS #1863406
Nov 23, 2005 Sold $695,000 Public Record
Aug 31, 1998 Sold $520,000 Public Record
Jul 31, 1990 Sold $90,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,369,000 $410,000 $1,779,000 $17,348
2024 $1,326,000 $373,000 $1,699,000 $16,914
2023 $1,300,000 $397,000 $1,697,000 $15,551
2022 $845,000 $297,000 $1,142,000 $12,702
2021 $711,000 $250,000 $961,000 $11,928
2020 $711,000 $250,000 $961,000 $11,414
2019 $691,000 $249,000 $940,000 $10,418
2018 $642,000 $225,000 $867,000 $10,865
2017 $609,000 $214,000 $823,000 $9,400
2016 $529,000 $190,000 $719,000 $11,110
2015 $622,000 $213,000 $835,000 $10,057
2014 $604,000 $218,000 $822,000 $8,811
2013 $486,000 $176,000 $662,000 $7,405
2012 $413,000 $163,000 $576,000 $8,176
2011 $517,000 $206,000 $723,000 $8,558
2010 $659,000 $224,000 $883,000 $9,203
2009 $738,000 $264,000 $1,002,000 $8,275

Property facts

Year built
1990
Property type
single_family
Stories
Beds
4
Baths
4
Living area
2,960 sqft
Lot size
276,606 sqft
ZIP code
98024
City
Fall City
Street
56th St
Coordinates
47.55184, -121.88483

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,808
Gross rental yield
6.05%
Implied cap rate
3.93%
Trend-extrapolated value

Frequently asked questions

When did 34038 56th St last sell?
34038 56th St most recently sold on Dec 16, 2021 for $1,350,000.
What is the current tax assessment for 34038 56th St?
The most recent total assessment for 34038 56th St (year 2025) is $1,779,000 with $17,348 in property tax.
How does 34038 56th St's assessment compare to its last sale price?
The current assessment is 31.8% above the last sale price of $1,350,000.
When was 34038 56th St built?
34038 56th St was built in 1990.
How does 34038 56th St compare to others on 56th St?
We track 8 other properties on 56th St. Browse the list under "Other properties on 56th St" to compare beds, baths, and sale history.
What are the property facts for 34038 56th St?
34038 56th St is a 4 bed, 4 bath, 2,960 sqft, 276,606 sqft lot single_family.
Is 34038 56th St a flip candidate?
No — 34038 56th St does not appear in our flips dataset.
Is 34038 56th St a tax-appeal candidate?
Yes — 34038 56th St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.5%
Implied 1-yr
-17.8%
2026 Q1
$981.4K
2026 Q2
$981.4K
ZIP 98024 — Median Price History + Forecast

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